Anil Ambani group calls heavy selling ‘motivated’ economictimes.indiatimes.com
An unprecedented war of words broke out between Anil Ambani-led Reliance Group and lenders L&T Finance and EdelweissNSE -0.53 % with the younger Ambani accusing the lenders of illegally invoking pledged shares, terming it ‘motivated and unwarranted’. The lenders refuted the allegations in strongly-worded responses of their own saying that the Reliance Group companies did not fulfil contractual obligations and that frequent defaults by the borrower left them with no choice.
voters
Report Story
Leave Your Comment